$165,325 Additional paid-in capital on common stock Additional paid-in capital on preferred stock 19,000 Common stock, $2 par 77,800 Preferred stock, $100 par 95,000 Retained earnings 157,000 During 2019, the company sold 3,900 shares of common stock for $14 per share and 450 shares of preferred stock for $124 per share. It also earned income of $88,000 and paid dividends of $10 per share on the preferred stock and $2.90 per share on the common stock outstanding at the end of 2019. Required: Prepare Osgood's statement of shareholders' equity (include retained earnings) for 2019. OSGOOD FILM STUDIOS Statement of Shareholders' Equity For Year Ended December 31, 2019 Preferred Common Stock Stock $100 par $2 par Additional Additional Paid-in Paid-in Capital Capital on on Preferred Common Stock Stock Retained Earnings Total Balances, 1/1/19 Common stock issued Preferred stock issued Net income Cash dividend paid on preferred Cash dividend paid on common Balances, 12/31/19 o